Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) Reaches New 52-Week High – What’s Next?

Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $41.40 and last traded at $41.10, with a volume of 449290 shares traded. The stock had previously closed at $41.37.

Amplify CWP International Enhanced Dividend Income ETF Trading Down 0.7%

The company has a market cap of $769.80 million, a price-to-earnings ratio of 16.90 and a beta of 0.74. The stock has a 50 day moving average price of $38.71 and a two-hundred day moving average price of $37.00.

Hedge Funds Weigh In On Amplify CWP International Enhanced Dividend Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new position in shares of Amplify CWP International Enhanced Dividend Income ETF during the 2nd quarter worth about $581,000. Janney Montgomery Scott LLC boosted its stake in Amplify CWP International Enhanced Dividend Income ETF by 6.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 652,770 shares of the company’s stock worth $22,429,000 after acquiring an additional 37,231 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Amplify CWP International Enhanced Dividend Income ETF by 2.4% during the third quarter. EverSource Wealth Advisors LLC now owns 54,893 shares of the company’s stock valued at $2,047,000 after purchasing an additional 1,291 shares during the period. Pinnacle Bancorp Inc. bought a new stake in Amplify CWP International Enhanced Dividend Income ETF in the third quarter valued at approximately $128,000. Finally, West Michigan Advisors LLC raised its holdings in Amplify CWP International Enhanced Dividend Income ETF by 7.5% in the second quarter. West Michigan Advisors LLC now owns 19,279 shares of the company’s stock worth $662,000 after purchasing an additional 1,344 shares during the period.

Amplify CWP International Enhanced Dividend Income ETF Company Profile

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy. IDVO was launched on Sep 8, 2022 and is managed by Amplify.